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Apr 16, 2024 · Tanger stock price has soared since June 2020. Financially strong companies like Tanger often recover and experience future growth despite initial challenges.
Oct 8, 2024 · Tanger Factory Outlets: Still Growing While Beating 2020 Expectations. Tanger stock price has soared since June 2020. Financially strong companies like Tanger often recover and experience future growth despite initial challenges. Tanger's business model as an outlet mall...
- 3.49B
- 507.24M
- 97.47M
- 109.35M
- What Happened
- So What
- Now What
Shares of outlet center real estate investment trust (REIT) Tanger Factory Outlet Centers (SKT4.69%)rose as much as 17% at one point during the day on Nov. 2. By roughly 2 p.m. EDT they had pared the gain a little and were sitting at a still respectable advance of around 12.5% or so. The company's earnings release after the close on Nov. 1 was the ...
At one point in 2020, as the coronavirus pandemic spread globally, investors fled mall REITs like Tanger. It seemed as if Wall Street had decided consumers would never again head out to the mall to shop. The company's third-quarter earnings reports easily put that notion to rest, and investors reacted by jumping back into the stock in a big way. Th...
In addition to the strong operating performance, Tanger also materially increased its core funds from operationsguidance for 2021 and raised its dividend a hair. The 2.8% dividend hike wasn't huge, and the dividend remains well below where it was before the pandemic-driven cut in 2020, but directionally things are clearly going the right way. It mi...
In a remarkable display of resilience and growth, Tanger Factory (NYSE: SKT) Outlet Centers Inc. (SKT) stock has soared to a 52-week high, reaching a price level of $32.07. This milestone...
Jan 14, 2021 · It opens Tanger up as a potential buy for income-seeking investors (as well as dividend-based funds), so that's the main reason we're seeing such a big gain today.
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Apr 16, 2024 · Tanger stock price has soared since June 2020. Financially strong companies like Tanger often recover and experience future growth despite initial challenges. Tanger's business model as an outlet mall owner provides flexibility and potential for higher profits compared to traditional malls.
